Merchant

PayPal must pay a fine to the U.K.’s top financial watchdog for failing to keep its operations completely separate from iZettle while authorities investigated competitive effects of PayPal's purchase of the Sweden-based mobile POS provider.

The major technology companies that have chipped away at incumbent payment businesses face much larger competition from this year’s big processing mergers, but they’ve also bulked up through fundraising and product development.

As mobile and contactless payments expand, the need for instant issuance will be greater, says CPI Card Group's Rob Dixon.

The San Francisco startup plans to use the fresh funding to hire employees in its engineering team and to expand the number of platforms it works with.

Congress should consider acting quickly or companies could treat the Golden State's new data privacy restrictions as a national standard.

Emphasizing its expansion into multi-channel payments, Credorax is partnering with mobile point of sale developer BBPOS to provide mobile POS solutions for independent software vendors and sales organizations across Europe.

The U.S. should pass a law with the teeth of GDPR or PSD2, says KnowBe4's Lecio De Paula Jr.

The race against high-tech fraudsters has always motivated the Payment Card Industry Security Standards Council, but for too long the council's process for establishing new standards wasn't looking ahead to the next threat.

A new study suggests banks have the ability to operate leaner than ever before. That could fuel investor demands for more cost cutting and drive more banks to pursue M&A.

Fair Isaac Corp. has added a platform alongside its 25-year-old FICO Falcon fraud-detection solution for credit and debit cards that aims to ferret out risky and fraudulent real-time payments.